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Nov 16, 2012
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noda stood his ground. he demanded on wednesday that the ldp also promise to cooperate to correct a disparity in the value of rural versus urban votes and to decrease the number of lower house seats. >> translator: if you agree to this condition i am ready to dissolve the lower house on november 16th. please give your words to the people. >> reporter: ldp leaders agreed effectively paving the way for a snap election. >> we're joined now by our senior political commentator. what issues will voters be looking for in considering this time? >> some will take a look at this election as a referendum on noda's record, i think. three years ago the democrats rode to power on the public desire for change. they ended more than half a century of almost unbroken rule by the liberal democratic party or the ldp. they promised to cut government spending on such things as public works projects. they also said that they would reform the system and vowed not to raise the consumption tax until 2013, but they have essentially b
noda stood his ground. he demanded on wednesday that the ldp also promise to cooperate to correct a disparity in the value of rural versus urban votes and to decrease the number of lower house seats. >> translator: if you agree to this condition i am ready to dissolve the lower house on november 16th. please give your words to the people. >> reporter: ldp leaders agreed effectively paving the way for a snap election. >> we're joined now by our senior political commentator....
WHUT (Howard University Television)
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Nov 14, 2012
11/12
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noda debated theshingo leader. they said the ldp kept its part of the deal and helped the bills become law. the liberal democrats also agreed to back a bill to issue deficit covering bonds, but the prime minister added another condition. he demanded the ldp support a bill to reduce the number of seats in the lower house. ldp officials later announced they will cooperate with noda and the dpj. official campaigning for the general election starts on december 4th. jap be a niece voteless than two weeks later, on the 16th. >>> nhk world senior political commentator joins us. what prompted the prime minister to act? >> they met all the conditions the prime minister set including helping to pass bills to enact the budget cutting the number of lawmakers and making the disparate and representation smaller. there is a big disparate now between densely and sparsely populated constituencies, so eventually he has no excuses left. but it took some time. noda got caught up in his own words. back in august the prime minister need
noda debated theshingo leader. they said the ldp kept its part of the deal and helped the bills become law. the liberal democrats also agreed to back a bill to issue deficit covering bonds, but the prime minister added another condition. he demanded the ldp support a bill to reduce the number of seats in the lower house. ldp officials later announced they will cooperate with noda and the dpj. official campaigning for the general election starts on december 4th. jap be a niece voteless than two...
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Nov 12, 2012
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>> the decision lies with prime minister noda. he's the one to decide. the current diet term does not expire until next summer. but noda promised opposition members back in august that he would hold the election in the near future. he used the word "soon," and noda has been trying to find a suitable time to dissolve the diet. but the election can take place next month at the earliest. but as the polls suggest, this may not be a favorable time for noda or his party. he knows that an election held now could lead to a dramatic drop in the number of lawmakers sitting alongside him. but there is no guarantee, on the other hand, that the outlook will improve, even if he postpones the vote. sooner or later noda will have to make that decision. >>> china's hu jintao has overseen an economy that's expanded year after year during his ten years as president. but many rural chinese have missed out. they've watched their neighbors get wealthier and wealthier. that's left many seething with resentment. and some are trying to find solace in their faith. nhk world's mic
>> the decision lies with prime minister noda. he's the one to decide. the current diet term does not expire until next summer. but noda promised opposition members back in august that he would hold the election in the near future. he used the word "soon," and noda has been trying to find a suitable time to dissolve the diet. but the election can take place next month at the earliest. but as the polls suggest, this may not be a favorable time for noda or his party. he knows that...
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Nov 20, 2012
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noda stressed the value of ja n japan/u.s. relations. >> translator: we welcome the fact that the u.s. is shifting its strategic focus to the asia-pacific region. east asia's security environment is getting comp collated, so i believe our alliance the really important. >> that alliance between the united states and japan has been a cornerstone of prosperity and security in the region. and we are going to have the opportunity to further discuss steps we're taking to renew that vision and that alliance for the 21st century. >> noda and obama also spoke about the trans-pacific partnership. the prime minister emphasized his determination to speed up talks to bring japan closer to joining the free-trade agreement. >>> the former tokyo governor says japan needs to look at the possibility of acquiring nuclear arms. the outspoken politician made the remark while preparing for a snap election next month. 80-year-old shintaro ishihara now leads an opposition group. he talked to foreign correspondents in tokyo. >> translator: it would be
noda stressed the value of ja n japan/u.s. relations. >> translator: we welcome the fact that the u.s. is shifting its strategic focus to the asia-pacific region. east asia's security environment is getting comp collated, so i believe our alliance the really important. >> that alliance between the united states and japan has been a cornerstone of prosperity and security in the region. and we are going to have the opportunity to further discuss steps we're taking to renew that vision...
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Nov 14, 2012
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. >>> japanese business leaders commented on prime minister yoshihiko noda's decision to dissolve the lower house. the chairman of japan business federation told reporters that noda made a tough decision aimed at resolving various problems to stop the political confusion. he also urged that the government should ensure measures to boost the economy are implemented, even after the dissolution. >> translator: it's vital to implement the economic measures that noda asked the relevant government of the offices to compile. >> the chairman of the chamber of commerce said it's regrettable that the move and ensuing general election will create a political vacuum at a time when the situation is severe, but he believes the election is inevitable for the economy to get out of of its prolonged stagnation. >> translator: i believe that seeking a public mandate through an election is inevitable for various economic issues. these include the free trade deal under the transpacific partnership. >>> china's elite officials are finishing up a high stakes game of political chess, strategizing and making
. >>> japanese business leaders commented on prime minister yoshihiko noda's decision to dissolve the lower house. the chairman of japan business federation told reporters that noda made a tough decision aimed at resolving various problems to stop the political confusion. he also urged that the government should ensure measures to boost the economy are implemented, even after the dissolution. >> translator: it's vital to implement the economic measures that noda asked the...
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Nov 19, 2012
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. >>> an nhk opinion poll suggests public support for the cabinet of prime minister yoshihiko noda has dropped to a new low. nhk conducted the survey over the weekend after noda dissolved the lower house to call a snap election in december. the cabinet's approval rate stood at 22%, down one point from a week earlier. the disapproval rate rose by two points to a new high of 61%. the support rate for the democratic party rose nearly five points to 17.4%. that's against 24.7% for the opposition's liberal democratic party. the recently formed japan restoration party scored just below 4%. more than 34% of respondents said they support no particular party. voters were also asked who they would prefer as prime minister between the incumbent yoshihiko noda and ldp leader shinzo abe. 20% chose noda against 27% for abe. 48% said neither would do. >>> chinese authorities are investigating an incident that highlights the social tension bubbling below the surface in that country. hundreds of people in the southern city of fuan clashed with police over a traffic accident saturday, two days after chi
. >>> an nhk opinion poll suggests public support for the cabinet of prime minister yoshihiko noda has dropped to a new low. nhk conducted the survey over the weekend after noda dissolved the lower house to call a snap election in december. the cabinet's approval rate stood at 22%, down one point from a week earlier. the disapproval rate rose by two points to a new high of 61%. the support rate for the democratic party rose nearly five points to 17.4%. that's against 24.7% for the...
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Nov 26, 2012
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the disapproval rate for prime minister yoshihiko noda's cabinet hit a record high at 64%. that's a three percentage point increase from a week ago. the approval rate remained unchanged at 22%. voters were also asked who they would prefer as prime minister. the two choices were the incumbent yoshihiko noda, who heads the democratic party, or shinzo abe, leader of the opposition's liberal democratic party. 21% of respondents chose noda. 26% favored abe. but almost half, or 49%, said they wanted neither. >>> japan's top government spokesperson says officials are gathering information in anticipation of a possible missile launch by north korea. u.s. satellite images indicate north korea recently transported what are thought to be long-range ballistic missile parts. japan chief cabinet secretary osamu fujimura says his government closely monitors missile-related activities in north korea. >> translator: we will work harder to gather and analyze information and will continue to take thorough measures to secure the peace and safety of the country. >> fujimura denied that north ko
the disapproval rate for prime minister yoshihiko noda's cabinet hit a record high at 64%. that's a three percentage point increase from a week ago. the approval rate remained unchanged at 22%. voters were also asked who they would prefer as prime minister. the two choices were the incumbent yoshihiko noda, who heads the democratic party, or shinzo abe, leader of the opposition's liberal democratic party. 21% of respondents chose noda. 26% favored abe. but almost half, or 49%, said they wanted...
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Nov 5, 2012
11/12
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noda met with van rompuy and european commission president jose manuel barroso. he told them japan will promote measures to eliminate nontariff trade barriers. he also asked them to win the support of eu members in getting economic partnership talks started as soon as possible. the european leaders noted some member countries haven't announced their support. but they said free trade with japan is important for the region's economic growth. noda, van rompuy, and barroso decided to hold a summit early next year during which time they would agree to an official start of the epa talks. >>> toyota motor is predicting that its operating profit for this fiscal year will be bigger than it has expected. that's because of strong sales in north america and southeast asian countries as well as cost-cutting efforts. the automaker estimates that profit for the business year ending next march will total $13 billion. that's up 5% in yen terms from its previous projection. but sales are seen falling 3% from an initial prediction of $265 billion. toyota says sales in china will re
noda met with van rompuy and european commission president jose manuel barroso. he told them japan will promote measures to eliminate nontariff trade barriers. he also asked them to win the support of eu members in getting economic partnership talks started as soon as possible. the european leaders noted some member countries haven't announced their support. but they said free trade with japan is important for the region's economic growth. noda, van rompuy, and barroso decided to hold a summit...
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Nov 16, 2012
11/12
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and now noda has simply kept that promise and called for elections on december 16th. the yen has weakened a little bit of late in anticipation of the elections. there have been dovish comments, if you will, with regard to what he wants from the boj. he's saying you need a higher inflation target and the bank of japan and you you need at least 3% nominal gdp increase and the bcht oj may have to surrender some of his will independence and let the government have more say in how monetary poll ol city is run. >> we're getting comments on the wire from noda where he says there is who question that government and the bank of japan need to work together to defeat inflation. where is he trying to draw the line here, is the ldp if nothing else being more honest about the fact that they're going to excerpt this prez. >> exactly. if the current institutional arrangement which does not allow the bank of japan to weaken the currency, that institutional arrangement is clearly not working. while the bank of japan does have an asset purchase program, it must be remembered that that p
and now noda has simply kept that promise and called for elections on december 16th. the yen has weakened a little bit of late in anticipation of the elections. there have been dovish comments, if you will, with regard to what he wants from the boj. he's saying you need a higher inflation target and the bank of japan and you you need at least 3% nominal gdp increase and the bcht oj may have to surrender some of his will independence and let the government have more say in how monetary poll ol...
WHUT (Howard University Television)
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Nov 15, 2012
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the group is concerned prime minister yoshihiko noda may take that occasion to express japan's participation in the free trade talks. >>> in south korea, the disparity between large and small enterprises is expected to be a major issue in next month's presidential election. small-sized stores across the nation are protesting the opening of big supermarkets in their neighborhoods. 300 people, including small shop owners, rallied in seoul. they're making demands to supermarkets to close for one day over weekends when customer traffic is high. small retailers are under pressure from large stores in their neighborhood. supermarket operators are making huge profits by taking advantage of their diversified business. meanwhile, the government brought together the two sides for the first meeting. executives of leading chain store operators met with representatives of a small retailers association. in response to complaints from family-run shops, the managers of chain operators proposed they would not set up stores in cities with a population of 300,000 or less. they also offered to close for one wee
the group is concerned prime minister yoshihiko noda may take that occasion to express japan's participation in the free trade talks. >>> in south korea, the disparity between large and small enterprises is expected to be a major issue in next month's presidential election. small-sized stores across the nation are protesting the opening of big supermarkets in their neighborhoods. 300 people, including small shop owners, rallied in seoul. they're making demands to supermarkets to close...
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Nov 14, 2012
11/12
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there's now thoughts that prime minister noda may be talking about an early election. aussie dollar still on this 1.04 mark. that's where we stand right now here in europe. what about what's happening in asia? nice to see her back. sixuan is with us. >> yeah, good to see you, ross. most asian markets eked out modest gains after recent losses. the shanghai composite turned higher in the afternoon, allowing investors to wait the unveiling of that committee tomorrow. paper producers rallied with raw materials costs for the sector expected the decline. we saw broad based gains in hong kong, but next media shares plunged 13% before trading halted. in japan, the nikkei ended just a touch higher after falling for seven straight sessions. sharp shares surged 7% on reports of a possible tie-up with intel and qualcomm, but banking shares were under pressure ahead of earnings, mostly out after the bell. elsewhere, the kospi finished higher by about a quarter of a percent. teches and autos outperformed. costco shares ended flat. taiwan finished marginally in the green. the aussie
there's now thoughts that prime minister noda may be talking about an early election. aussie dollar still on this 1.04 mark. that's where we stand right now here in europe. what about what's happening in asia? nice to see her back. sixuan is with us. >> yeah, good to see you, ross. most asian markets eked out modest gains after recent losses. the shanghai composite turned higher in the afternoon, allowing investors to wait the unveiling of that committee tomorrow. paper producers rallied...
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Nov 8, 2012
11/12
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is the opposing leader has hinted that his party may agree to the bill even if noda does not promise the election before the measure which is failed to pass the ordinary diet session will allow the government deficit covering bonds to finance 40% of the fiscal 2012 budget. without it, the finance ministry will have to freeze more spending and government bond issuance would come to a halt with a ten year debt august on december 4th. back to you. >> thanks very much for it that. and now a quick look at what and he on the agenda in asia tomorrow. key economic data out of china, the october indicators are expected to signal a recovery in chinese growth thanks to beijing's fine tuning policies. we'll get cpi and ppi, expected about 2:30 a.m. central european time. and china will release retail sales, fixed asset investment at about 6:30 a.m. central european time. on the earnings front, we're waiting on results from suzuki motor and central bank watch continues with a policy announcement expected from the bank of korea. for a quick preview of the spanish auction, we're joined now by don s
is the opposing leader has hinted that his party may agree to the bill even if noda does not promise the election before the measure which is failed to pass the ordinary diet session will allow the government deficit covering bonds to finance 40% of the fiscal 2012 budget. without it, the finance ministry will have to freeze more spending and government bond issuance would come to a halt with a ten year debt august on december 4th. back to you. >> thanks very much for it that. and now a...
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Nov 22, 2012
11/12
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per ratper re former governor to take control of the island and eventually forcing the hand of the noda administration to nationalize the islands or bring them under control of the japanese state has caused and spread so many problems and misinterpretations between the states of intentions of both states. on the noda side, their pup of bringing these islandses under control was to prevent any further incursion of both japanese and chinese nationals on to the islands to prevent tensions from rising between the two states. i think this has been misinterpreted on the chinese side. it helped exasperate nationalism on both sides. will this change with theed a vent of the new party in japan? i don't think it will change. the sunrise party will not come into power. he will not be a political force in terms of the next administration. those two leaders are interested in strong sigh know japanese operations and building a peaceful path forward.know japa operations and building a peaceful path forward.rs are ind in strong sigh know japanese operations and building a peaceful path forward. hopeful
per ratper re former governor to take control of the island and eventually forcing the hand of the noda administration to nationalize the islands or bring them under control of the japanese state has caused and spread so many problems and misinterpretations between the states of intentions of both states. on the noda side, their pup of bringing these islandses under control was to prevent any further incursion of both japanese and chinese nationals on to the islands to prevent tensions from...
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Nov 30, 2012
11/12
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the nikkei 225 climbed 4% last week alone after noda said he was dissolving the lower house secretary the stage for election on december 16th. this week tokyo equities continued the positive momentum. markets are factoring in further ease aing if the opposition ldp party wins in the polls. foreign investors expect wen will help ease the negative impact of a strong yen on japanese exporters. no surprise then why stocks like cannon gained 7% last week. but there are also worries from market watchers that japan's recent rally may be driven mostly by short term investors such as then funds. that's what happened following the boj decision to ease monetary decision back in february. the market proceeded to dip a couple months after that. back to you, kelly. >> okay. thank you very much for that. now, the battle between who is right and who is wrong continues with research firm muddy waters threatening to counter sue owe olam. deidre, what's the latest? >> it is quite the battle of some pretty epic corporate proportions. now, the two olam and muddy waters have been trading bashes that starte
the nikkei 225 climbed 4% last week alone after noda said he was dissolving the lower house secretary the stage for election on december 16th. this week tokyo equities continued the positive momentum. markets are factoring in further ease aing if the opposition ldp party wins in the polls. foreign investors expect wen will help ease the negative impact of a strong yen on japanese exporters. no surprise then why stocks like cannon gained 7% last week. but there are also worries from market...
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Nov 12, 2012
11/12
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prime minister noda does want to compile a supplementary budget. so that's the focus going forward. >> when you look at the economic numbers and the performance of japanese equities, mismatch, look good, bad? >> japanese equities has been one of the weakest in the world. when you see ga's economic numbers, i think you can see why. and let's not forget the export sector has been a key part. we see the problems sharp and panasonic and it's all there. >> all being hurt by the end, but doesn't seem to be anyway out of the end to weaken. >> well, the bank of japan is now trying to adapt unorthodox quantitative easing policies. so far it hasn't worked. but if you compare 240es policies compared to what the fed has done and the bank of england, it's just not enough. >> yes, but do they have any control over the occurrences city? >> by themselves, they wanted to, they could debate and could depreciate their currency. the fact of the matter is that they don't really want to do that. the bank of japan is more germanic in its approach. they don't think that m
prime minister noda does want to compile a supplementary budget. so that's the focus going forward. >> when you look at the economic numbers and the performance of japanese equities, mismatch, look good, bad? >> japanese equities has been one of the weakest in the world. when you see ga's economic numbers, i think you can see why. and let's not forget the export sector has been a key part. we see the problems sharp and panasonic and it's all there. >> all being hurt by the...
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Nov 15, 2012
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prime minister noda is set to call a general election on december 16th. toek i don't stocks reacted with the nikkei rise to go a one week high. the yen fell sharply topping the 80 mark against the dollar on speculation for further easing by the next government. if his party takes power, he'll press the bank of japan to take bolder moves to counter the strong yen and deflation. he says the central bank should set an inflation target at 2% or 3% and conduct unlimited easing measures to achieve it. that could even involve interest rates set below zero. back to you. >>> still to come, austan goolsbee calls europe's problems fundamentally unsolvable. stay tuned for that. about the makeup of the new politburo. some say it's too conservative and that could mean a slower path to reforms. joining us live is senior economist for greater china at anz. raymond, looking at what we're finding out about the makeup of the new leadership, what do you think is likely to happen in the near term when it comes to further economic reforms? >> a pretty successful political tran
prime minister noda is set to call a general election on december 16th. toek i don't stocks reacted with the nikkei rise to go a one week high. the yen fell sharply topping the 80 mark against the dollar on speculation for further easing by the next government. if his party takes power, he'll press the bank of japan to take bolder moves to counter the strong yen and deflation. he says the central bank should set an inflation target at 2% or 3% and conduct unlimited easing measures to achieve...